SV
I
Communication ServicesTelecom ServicesUnited States

Iridium Communications Inc. (IRDM) Valuation Assumptions

Review Iridium Communications Inc. (IRDM) valuation assumptions across intrinsic value, DCF, reverse DCF implied growth, EV/EBITDA, P/FCF, and financial trends.

NMS · US · USD

Latest price41.46 USD
30D+74.16%
Price vs model median+66.2%Model median is the median base output from applicable absolute models, excluding Reverse DCF.

Quick answer

What growth is the market currently pricing into IRDM?

At 41.46 USD, TickerVal's reverse DCF setup implies roughly 2.2% annual FCF growth for 10 years for IRDM, using the current normalized FCF base, a 9.5% discount rate, and 3.0% terminal growth. The rest of the page shows valuation assumptions, model differences, and source-data context for research reference.

What price implies

What does the current price imply?

At 41.46 USD, the model implies roughly 2.19% annual FCF growth for 10 years, with required long-term operating margin near 10.1% and terminal growth around 3%. This module is a research reference.

Implied FCF CAGR2.19%

10-year Reverse DCF scenario

Required long-term operating margin10.1%

Five-year median × 0.95

Implied terminal growth3%

From current model assumptions

Discount rate assumption9.5%

Estimated from current sector rules

Adjust assumptions+

Adjust assumptions

Move assumptions to see how the current price implied conditions change.

Forecast horizon10Y

Historical implied expectations

How does today's implied growth compare with history?

Calculated from selected historical prices and current normalized FCF assumptions, not a full point-in-time backtest.

Current implied FCF CAGR2.2%
5Y monthly median-0.07%
Current vs 5Y median+2.27 pts

Showing 8 of 13 report price anchors

Report price anchorPrice dateAnchor priceImplied FCF CAGR
Q1-20262026/03/3127.74 USD-3.26%
FY20252025/12/3117.28 USD-9.96%
Q1-20262025/12/3117.28 USD-9.96%
Q3-20252025/09/3017.22 USD-10%
Q2-20252025/06/3029.50 USD-2.41%
Q1-20262025/03/3126.58 USD-3.84%
FY20242024/12/3128.09 USD-3.08%
Q3-20252024/12/3128.09 USD-3.08%
2026-3.26%

Avg -2.61% · Samples 5

2025-5.19%

Avg -5.9% · Samples 12

2024-3.04%

Avg -3.14% · Samples 12

20235.41%

Avg 4.36% · Samples 12

Historical valuation multiples

How have EV/EBITDA and P/FCF changed over the last 5 years?

Annual fiscal-period anchored: month-end prices are paired with the most recent annual fiscal period ending on or before each date, covering the last 5 years (61 monthly samples). Multiples are research references; financial-sector or otherwise non-comparable companies require sector-specific context.

P/E

Market cap divided by reported net income (annual fiscal-period snapshot).

39.09x
Near median · P43
Current5Y medianTypical range IQR
5Y median211x
Current39.09x · P43
5Y low 16.29xCurrent vs median-81.43%5Y high 892x
IQR 26.25–538x · 41 monthly samples

P/FCF

Market cap divided by reported free cash flow.

14.91x
Near median · P39
Current5Y medianTypical range IQR
5Y median17.18x
Current14.91x · P39
5Y low 6.21xCurrent vs median-13.2%5Y high 28.44x
IQR 11.96–22.85x · 61 monthly samples

EV/EBITDA

Enterprise value (market cap + debt − cash) divided by EBITDA.

9.82x
Near median · P45
Current5Y medianTypical range IQR
5Y median11.87x
Current9.82x · P45
5Y low 3.97xCurrent vs median-17.28%5Y high 20.1x
IQR 8.2–14.96x · 61 monthly samples

Month-end historical multiples

A date-friendly view for historical EV/EBITDA, P/FCF, and P/E queries.

Showing 8 of 61 month-end samples
Month-endPriceP/EP/FCFEV/EBITDAFiscal period used
2026-05-0841.46 USD39.09x14.91x9.82x2025-12-31
2026-04-3039.07 USD36.84x14.05x9.24x2025-12-31
2026-03-3127.74 USD26.16x9.98x6.5x2025-12-31
2026-02-2723.81 USD22.45x8.56x5.55x2025-12-31
2026-01-3019.80 USD18.67x7.12x4.58x2025-12-31
2025-12-3117.28 USD16.29x6.21x3.97x2025-12-31
2025-11-2816.17 USD17.18x6.33x4.73x2024-12-31
2025-10-3118.88 USD20.06x7.39x5.54x2024-12-31

Valuation overview

How do the valuation assumptions fit together?

Iridium Communications Inc. (IRDM) valuation on TickerVal is designed to help readers understand the operating expectations embedded in the current market price. At 41.46 USD, the page brings intrinsic value analysis, DCF outputs, reverse DCF implied growth, EV/EBITDA, P/FCF, and valuation assumptions into one research view within the Communication Services sector and the Telecom Services industry. Instead of treating one model as a final answer, TickerVal compares cash-flow, earnings-power, balance-sheet, and relative-multiple lenses so the differences between models are visible. The reverse DCF view currently shows implied growth of 2.2%, while the model median reference sits at +66.2% versus the current price. The DCF and reverse DCF sections focus on free cash flow, discount rate, terminal growth, and the long-term growth path implied by the current price. EV/EBITDA and P/FCF provide additional context for capital structure and cash-flow multiples. The financial trends section connects those valuation assumptions back to reported revenue of 872M USD, free cash flow of 300M USD, margins, and balance-sheet facts from public filings. Readers can use the layout to compare assumptions across models before reviewing the underlying source data. This page is intended for transparent research reference, model review, and assumption checking.

Valuation model range vs. current price

Each row shows a model output range, with a vertical line for the current price.

Model output range
DCFCalculated
43.03 USD-57.71 USD
Earnings Power ValueCalculated
14.15 USD-14.15 USD
Graham NumberCalculated · Limited reference
10.11 USD-10.11 USD
Owner EarningsCalculated
24.95 USD-31.14 USD
Current price reference line

Why do valuation models give different answers?

Different models rely on different financial facts. The status blocks show which lenses fit this page data.

ModelFitContext
DCFSuitableUseful when recurring free cash flow history exists; sensitive to growth and discount assumptions.
Owner EarningsSuitableUseful when net income, D&A, and capex support owner-earnings scenarios.
Reverse DCFSuitableShows the FCF growth implied by current price under stated assumptions.
Earnings Power ValueSuitableUseful for mature operating profit, with limited emphasis on growth.
Graham NumberLimitedWorks best when EPS and book value are both positive.
Dividend Discount ModelNot meaningfulNeeds explicit dividend history, which is not included in the current version.
Net-Net Liquidation ValueNot meaningfulRequires current asset and liability detail beyond the current data set.
PEGLimitedA quick growth multiple lens when EPS history is positive.
EV/EBITDALimitedUseful for capital structure context when operating profit is available.
P/FCFLimitedA compact free-cash-flow multiple view for positive FCF years.
P/BLimitedMore useful for asset-heavy balance sheets than asset-light companies.
P/SLimitedA revenue multiple lens when profit or FCF is not stable.
Peer ComparisonNot meaningfulStandardized peer comparisons are not included in the current version.

Which valuation models are being calculated?

Hover each model row to inspect formulas and inputs.

Current price41.46 USD
Model median reference24.95 USD
Price vs model median+66.2%
Price date2026/05/08
26.66 USD24.95 USD31.14 USD

+66.17%

Calculated

DCF

Free cash flow, growth, discount rate, and terminal growth form an intrinsic value range.

43.03 USD50.74 USD57.71 USD

-18.29%

50.74 USDCurrent price is 18.3% below the base model value.
Calculated

Owner Earnings

Uses net income, D&A, and capex as an owner-earnings proxy.

26.66 USD24.95 USD31.14 USD

+66.17%

24.95 USDCurrent price is 66.2% above the base model value.
Calculated

Reverse DCF

Solves the forward FCF growth rate implied by the current price.

Implied growth2.2%

Current price implies roughly 2.2% annualized FCF growth.

2.2%Current price implies roughly 2.2% annualized FCF growth.
Calculated

Earnings Power Value

Estimates earnings power value without assuming growth.

14.15 USD14.15 USD14.15 USD

+193%

14.15 USDCurrent price is 193.1% above the base model value.

Updated: 2026/05/10

Which financial trends support the assumptions?

Annual financial metrics with switchable views. · Unit: USD

FY2025 · Dec 2025 report14 records
Revenue872M USD
Net income114M USD
Free cash flow300M USD
CapEx100M USD
Operating cash flow400M USD

Valuation basis and non-recurring items

Collapsed by default. Expand to inspect structured one-time items and adjusted figures without making them the primary page focus.

Expand

A positive amountAfterTax means the item increased reported net income; a negative value means it reduced reported net income. Adjusted net income = reported net income minus total after-tax impact. Valuation defaults to reported figures; adjusted figures are shown to observe one-time-item impact.

No structured non-recurring items identified. Valuation currently defaults to reported figures and does not claim one-time gains have been removed.
Ad placement

Which reported financials feed the models?

Financial DetailsShowing latest 5 / 14
PeriodTypeRevenueNet IncomeAdjusted net incomeFree Cash FlowDiluted EPSAdjusted EPS
2025/12/31Annual872M USD114M USD-300M USD1.06-
2024/12/31Annual831M USD113M USD-306M USD0.94-
2023/12/31Annual791M USD15M USD-241M USD0.12-
2022/12/31Annual721M USD9M USD-273M USD0.07-
2021/12/31Annual615M USD-9M USD-261M USD--

Where does this data come from?

Open to inspect field-level SEC EDGAR source, filing form, and derived notes.

SEC EDGAR

Frequently asked questions

Quick notes on price-implied expectations, model differences, and source data.

What is Iridium Communications Inc.'s intrinsic value?

Iridium Communications Inc.'s intrinsic value on TickerVal is reviewed through DCF outputs, reverse DCF implied growth, EV/EBITDA, P/FCF, valuation assumptions, and financial trends from public filings.

How is IRDM valued on TickerVal?

TickerVal values IRDM by comparing intrinsic value models, DCF and reverse DCF assumptions, cash-flow multiples, earnings-power references, and reported financial trends.

What does the current stock price imply?

The reverse DCF view estimates the free-cash-flow growth path implied by the current stock price under stated discount-rate and terminal-growth assumptions.

Which valuation models are used?

TickerVal uses DCF, reverse DCF, Owner Earnings, EPV, Graham Number, EV/EBITDA, P/FCF, P/B, P/S, and other model references where the underlying data is available.

Is this investment advice?

No. TickerVal does not provide investment advice, ratings, price targets, or buy/sell recommendations.

Early supporter list

Get notified as TickerVal adds saved assumptions.

Join the research reference list for product updates, model notes, and transparent assumption workflows.

Research reference updates only. Not investment advice.

Ad placement
Research reference note

TickerVal is a research workspace, not a financial advisor. Pages on this site do not provide investment, legal, or tax advice and do not contain buy, sell, hold, ratings, price targets, or personalized recommendations. Financial data is derived from public company filings available through SEC EDGAR. TickerVal independently normalizes and computes valuation assumptions; figures may differ from company reports or other providers. TickerVal is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.